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The persulfates market is projected to grow at a CAGR of 5.8% from 2017 to 2022.
The persulfates market is expected to grow from USD 549.4 million in 2017 to USD 727.8 million by 2022, at a CAGR of 5.8% from 2017 to 2022. The increased demand for persulfates across various enduse industries, including polymers, cosmetics personal care, pulp, paper textiles, and water treatment is expected to drive the growth of the persulfates market across the globe. The use of persulfates in the food industry and increasing use in the cosmetics personal care industry are expected to boost the market for persulfates. However, issues related to storage and transportation and surplus capacity in China restrain the persulfates market.
Potassium persulfate is projected to grow at the highest CAGR during the forecast period 2017 to 2022.
The potassium persulfate segment is projected to grow at the highest CAGR between 2017 and 2022. The use of potassium persulfate as chain initiator, oxidizer, and free radical generator in the polymer industry; as a bleaching agent in hair care products; and as a pool/spa shock in water treatment is expected to drive the demand for potassium persulfates globally.
The persulfates market in APAC is projected to grow at the highest CAGR during the forecast period 2017 to 2022.
The persulfates market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. The growth can be attributed to the growth of the polymer, cosmetics personal care, pulp, paper textiles, and soil remediation industries. Increasing urbanization and growing population are also expected to increase the demand for persulfates in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments.
The breakup of primary interviews has been given below.
By Company Type: Tier 1 55%, Tier 2 25%, and Tier 3 20%
By Designation: C Level 50%, Director Level 25%, and Others 20%
By Region: North America 60%, Europe 20%, Asia Pacific 10%, South America 5%, and Middle East Africa 5%
The companies profiled in this market research report are PeoxyChem US, United Initiators Germany, Mitsubishi Gas Chemical Company Japan, AkKim Kimya Turkey, and Fujian Zhanhua Chemical Company China.
This research report has categorized the persulfates market on the basis of type, enduse industry, and region. It includes detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the market. A detailed analysis of key players was done to provide insights on their business overviews, products services offered, and key strategies such as new product developments, expansions, and mergers acquisitions adopted by them to strengthen their position in the persulfates market.
Reasons to buy the report:
The report is expected to help market leaders/new entrants in this market in the following ways:
1. This report comprehensively segments the persulfates market and provides the closest approximations of the market sizes for the overall market and its subsegments across different regions.
2. The report is expected to help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3. This report is also expected to help stakeholders understand major competitors in the market, and gain insights to enhance their competitive position in the market.
Original Article: Persulfates Market by Type Ammonium, Sodium, Potassium, EndUse Industry Polymers, Electronics, Cosmetics Personal Care, Pulp, Paper Textiles, Soil Remediation, Oil Gas and Water Treatment, and Region Global Forecast to 2022 [Report Updated: 11042018]NEXT ARTICLE
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism ...
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